Human resources for companies all over the United States and abroad are always looking to hire the top talent in their industries. Hiring the best is not only good for a company’s brand, but it can also be a good competitive edge for survival in this highly competitive time. Therefore, every aspect of the company’s plans is essential to the success of the business, including the creation of innovative edco.com award programs for today’s employees.
These employee award programs can be used as a drawing card for attracting the best talent in your industry. In fact, when the company provides significantly high financial incentives with the awards that people earn, your company can become a coveted place to work. This is also one of the primary reasons why you want your future employees to want to work for a company like that. So, for those of you who are interested in investing time in creating superior company award programs, here are four great ideas that you may want to consider.
1. Award Teams With Trophies and a Team Shopping Spree For — The Best Collective Performance
Some employees work in team environments and they are often placed on teams that must complete difficult corporate projects that take quite a bit of time and money. Even though they may have their own individual piece of the pie to deliver on time, the team as a whole accomplishes these types of jobs. The bulk of these achievements must be contributed as a team effort. For instance, in some cases, it may take over six months to deliver new systems and system enhancements.
To award these teams collectively, some companies are awarding trophies to the groups that perform the best. In addition to the trophies that they can take back to their area, these individuals will also have a chance to participate in a team shopping spree. These shopping sprees are not only fun for all involved, but also lucrative for those who know how to grab their loot quickly.
2. Gives Employees a Chance to Rub Shoulders with Upper Management — Lunch Eith the Boss
You should also set the criteria for awards that involve eating lunch with the boss. Since some employees like to rub shoulders with the big guys, here’s their chance to do it. In fact, lunch with the boss is a good way to network with upper management, particularly for those who have plans that they want to run by the boss. For instance, if an employee may be looking for a way to implement international internships for their company, this may be the best setting to introduce these ideas. While these conversations are often meant to be unrelated to work topics, employees should have the freedom to express other work interests as well.
3. Certificates of Achievement for Individual Performance
Team performance awards are great for those who consistently work with others to fulfill their duties. However, company award programs should always recognize the individual for their hard work as well. For instance, if the contribution to a team project entails creating an innovative application for a new process based on one individual’s ideas, the individual can be given the credit for the work that they have done. For instance, the boss may want to present a certificate of honor to that individual employee for the work performed. The achievements may also be recognized in a newsletter as the employee of the month, in an email, or in a large meeting with everyone in attendance.
4. Impromptu Time-Off Awards
Some people work hard and they play hard too. Therefore, whenever possible, the company can award impromptu time off to those who earn these perks. For instance, when the person earns an impromptu time off award, management should also give the employee a chance to take the day off anytime they so desire. For instance, if the first day of spring is a beautiful, sunny, dry day, the employee may want to call in to say he will be taking the day off. This type of award is often a big hit for those who want to take a three-day weekend when they need it.